Best Black Friday 0% APR Deals

Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Black Friday can be a great time to take advantage of bonuses worth up to $1,000 and perks like Supplier Pricing. However, with the rising cost of interest rates, 0% financing deals have quickly dwindled. Here, we'll examine several Black Friday 0% APR deals and whether or not they're worth it.

Chevy Corvette: 0% For 36 Months + Supplier Pricing

Short Term, Special Pricing: Most versions of the 2019 Corvette are eligible for 0% APR for 36 months. Although the term is quite short, we think it's worth noting that special financing rates on the Corvette are extremely unusual and there are no rebates to speak of.

Costco members are also eligible for GM Supplier Pricing when buying through the Costco Auto Program. In the case of a Corvette Z06 with an MSRP of $80,590, that can save you up to $5,100. What's great is that the deal can be combined with 0% financing.

GMC Yukon: 0% For 72 Months

6 Years, No Interest: On November 5, GMC introduced 0% APR for 72 months on 2018 Yukons, a deal we've come to expect from time to time around holidays. Your other option is $4,000 in cash incentives that includes $1,000 trade-in assistance and a $1,500 bonus when financing through GM Financial.

On a $53,000 SUV, your cost with the 0% would be $53,000. With the $4,000, your cost would be $55,481 assuming a 5-year loan at 5%.

If you aren't looking to trade-in an existing car or finance through GM, the discount drops to a mere $1,500. In that case, your cost with a 5-year loan would be a whopping $58,312. Here, the advantage of choosing 0% APR comes out to over $5,300. But there's a catch.

The fine print says the 0% is only available on the oldest 25% of dealer inventory. As a result, you may need to shop around to find a qualifying vehicle. All trims are eligible for these offers, from the entry-level SLE to the ultra-plush Denali.

On a $47,000 RX 350 Premium, your cost with the 0% would be $47,000. With the $1,500, it'd be $51,518 assuming a 5-year loan at 5%. That's an over $4,500 advantage in favor of 0% APR. Having said that, you may be able to negotiate a better rate through your local dealer so be sure to ask.

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.